Cisco
AUGUST 9, 2022
As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time.
Gonzobanker
FEBRUARY 29, 2024
It’s very hard for regulated banks and credit unions to gain any meaningful efficiencies under $1 billion in assets. An exercise Cornerstone likes to conduct: Take a look at the top 20% of the bank’s headcount and review comp and bonus in descending order. It appears nothing else matters but the urgency to get big and get there fast.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CFPB Monitor
OCTOBER 19, 2020
Key takeaways regarding the implications of a blue wave scenario include the following: Chris Willis commented that the CFPB’s approach to the exercise of its authorities is likely to reflect criticism by Democrats that the CFPB has been lax in its approach to industry under Director Kraninger’s leadership. (In
CFPB Monitor
DECEMBER 3, 2018
Under my leadership, the FDIC’s oversight responsibilities will be exercised based on our laws and our regulations, not personal or political beliefs,” she concluded. As we’ve noted in earlier posts on this , litigation is currently pending in the D.C.
CFPB Monitor
APRIL 11, 2022
By 2017, 1 st Alliance’s compliance department began to raise concerns to company leadership, including the individual defendants, that SCs were engaging in activities that would require licensing. The duties performed by the SCs/HLCs required them to hold a mortgage originator license in every state in which 1 st Alliance operated.
Independent Banker
APRIL 30, 2022
He also recommends not updating the resiliency document as only a “table-top exercise.” Grandstrand, who specializes in bank regulation, notes that it’s important to distinguish between shareholder meetings at the holding company level and at the bank level, as different statutes and regulations may apply. Quick Stat.
Gonzobanker
MAY 8, 2020
They may be looking for a dance partner or hiding from a regulator. However, a lack of solid earnings trends leads to bad things when shareholders, board members and regulators begin to express their concerns and potentially disrupt the direction of the institution. 25% 140 banks will have capital levels that have fallen below 8%.
Expert insights. Personalized for you.
114 
Let's personalize your content